InvestorsHub Logo
Followers 583
Posts 77775
Boards Moderated 5
Alias Born 07/12/2010

Re: gold56 post# 20481

Sunday, 06/23/2013 8:25:14 AM

Sunday, June 23, 2013 8:25:14 AM

Post# of 72908
WHAT HAPPENED TO THE NON DILUTIVE FUNDING THEY SAID THEY HAD.
They had a non dilutive 500,000 loan through Chicago Ventures on April 17th and looks like only 9 days later April 26, 2013 they stabbed investors in the back and went with the dilutive stuff using Tangiers http://www.otcmarkets.com/stock/FLPC/news
April 17, 2013

First Liberty Power Corp. (OTCQB: FLPC), an innovative and diversified mine exploration and development company focused on bringing to market "Mined in America" strategic industrial minerals, is pleased to announce it has obtained a commitment for $500,000 in funding, which will provide the impetus needed to achieve the short term goal of initial mining operations on the Fencemaker Antimony Property.This funding will allow the company to commence the additional steps required for safe and appropriate access for long-term mining operations, as well as to achieve initial mine production. CEO Don Nicholson commented, "We are very pleased to be acquiring this non-dilutive funding and we are now planning the definitive implementation timeline for the procedures that will follow the water removal from the mine.


Only see the one with Tangiers in the 10q
Guess that means nothing is non dilutive about their financing

Tonaquint, Inc.
On April 26, 2013, the Company entered into a Secured Convertible Promissory Note with Tonaquint Inc., a Utah corporation, an accredited investor, whereby Tonaquint Inc. loaned the Company the aggregate principal amount of $560,000, less $10,000 for legal related costs and a $50,000 original issue discount, together with interest at the rate of eight percent (8%) per annum, until the maturity date

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.